Ehtesham university: ou expect that the return on the market will be 15 percent and the risk-free rate is 7 percent. You have estimated that the dividend one year from now on a companys common stock will be $4.40 and the dividend will grow at constant 8 percent rate, and the stocks beta is 1.50. The common stock is currently selling for $33.00 per share in the marketplace. 4.What value would you place on one share of this companys common stock?

Is the companys common stock overpriced, underpriced, or fairly priced?